U.S. Stocks Close Sharply Lower on Renewed Trade Anxiety

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Dow industrials close down more than 600 points as trade tensions between the world’s two biggest economies ratcheted higher

U.S. stocks slid Monday, heading for one of their worst days of the year, after officials in Beijing and the White House exchanged fresh threats in a trade fight that many fear could crimp growth.

The Dow Jones Industrial Average fell 617 points, or 2.9%, to 25325, its biggest one-day loss since January. The S&P 500 dropped 2.4% and the Nasdaq Composite was hit the hardest, shedding 3.4% in its sharpest decline since Dec. 4.

 

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The downward spiral continues

Trump made the America plunge again!

Really, really stupid to start a trade war while at the same time doubling the deficit. BillionDollarLooser

That’s too bad. Economic and political conditions are harming lots of companies. But what if interested rates increase again quickly? What if predictions of a sharp downturn in the economy in the next three years come true?

Hey White Working Class™️! How’s your 401(k) looking these days?

Gee...I wonder what caused that?

I love it when the DOW tanks on anxiety alone. It’s like when my son farts without a diaper on...did he fart or shit himself!

realDonaldTrump...WINNING!!!!

Remind me why we left the TPP.

I wonder if there are similar articles in China, urging them to give away the advantages in trade because some index is wiggling? Oh wait, their news isn't on our side. It's on their side.

Booming economy.

If Trump would have worked with the EU and Canada we could have pressured China. Trump decided instead to insult and alienate his allies, and now he’s fighting the world alone.

Thank you DOTARD Thank you DOTARD Thank you DOTARD Thank you DOTARD

IFixedIt Dow industrials close down more than 600 points as the market shows dislike for tariff policy of old Brokahontas

Dow industrials close down more than 600 points as trade tensions between the world’s two biggest economies ratcheted higher. The Moex was only down 0.24% MRGA

DonaldDuck thinks he has supreme control over Wall Street-So he can blow it up now-& later-closer to the 2020Election -He Believes, 'Humpty-Dumpty-who had a Great Fall' can all be put together again! At such a Price-will Donald be so easily replaced-but at such Cost to US All!

We're tracking the economic impact of U.S. tariffs and retaliatory actions:

Wait a minute...China already has tariffs on our imports....so what? this is going to correct itself soon....60 billion in goods on a 2trillion GDP? Not too worried....but China loses 250 billion--that's more significant loss/adjustment. Let's hope it resolves soon.

Why don’t the USA and China just merge with each other and work out this deal entirely?

Farmers continue to get crushed. And American consumers continue to pick up Trump's tab, just like his daddy used to do when all his investments were hemorrhaging cash. If only Papa Trump were around to bail out the U.S. from his son's latest strategerie.

thanks trump

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Dow falls 500 points as stocks retreat for second day on U.S.-China tariff worriesStocks lose ground on simmering trade tensions, with U.S. officials confirming that China tariffs would be raised by the end of the week. First market related tweet since 2018 “Trade wars are good and easy to win” lol
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